Yesterday I put up a survey asking folks to choose which reasons excuses will be most frequently cited by executives reporting second quarter results. So far 53 people have responded, and the results aren't exactly surprising, although I'll get more into that in a bit. Here are the responses through 2pm EST today:

While I'm hardly shocked that almost 90% of respondents think Euro uncertainty will be a go-to excuse, I am surprised that high U.S. unemployment only got 3 votes and weather - consumer company executive's favorite excuse - only got 5. Interestingly, though, these results are similar to the takeaways from the Morningstar Investment Conference, which cited U.S, China, and Europe as 3 of the top 5 major concerns for money managers.

I doubt I'll do a follow up post on this after most firms have released q2 results since it'd require datamining hundreds of conference call transcripts/press releases, but maybe I'll take a sample of a dozen or so firms across industries and see how it works out. Perhaps a better idea is to just use these results to make a q2 results drinking game. Every time one of the top responses is mentioned as an excuse, DRINK!